Organizations want congress to pass TPA

by | Mar 20, 2023 | 5 Ag Stories, News

America?s top food and ag organizations representing thousands of farmers, ranchers, producers, and workers sent a letter to Congress urging action to improve ag exports. More than 50 of the most influential food and ag groups urged Congress to pass Trade Promotion Authority. TPA is regularly passed by Congress to give the administration objectives and guidance in pursuing tariff-cutting trade agreements. The letter notes when it comes to trade agreements with tariff reduction, the U.S. is falling behind global economic competitors like China and the European Union. ?Regrettably, America is falling badly behind,? the letter says. ?Between 2010 and 2020, China and the E.U. enjoyed over twice as much advantage from trade agreement tariff reductions as the U.S.? They also say the situation has gotten much worse this decade. ?The United States has not implemented a comprehensive trade agreement that opens new markets in more than a decade,? the groups add.